2 cts worth1.51002 and SL explained it all but I will just add the following.
1) G.Leask doesn't say "advanced" unless he means advanced. Don't forget lurker.
2) Advanced can still mean months and months of negotiations/working out the details/testing/due diligence etc.
3) They HAVE to keep working towards permitting and production and not be standing there waiting for our White Knight to arrive. They will need money for that.
4) They have to take funds when they are available.
Not to say any shares aren't dilution but if they use that money to advance the project towards production and lessen the cost/ and make it easier for said White Knight to acquire the property then they have added value to the project which we will get returned at the end. So no these issuances do not hurt us.
As well, gold took a good jar down today (temporary) and the tko on TKO didn't help. It will all look better when Knight turns into day.
Enough said. Stay on the wagon, This isn't the Canucks or worse the Leafs.